Wednesday, May 13, 2009

Severance Payments Denied At Tribune;
Bonuses Approved

Tribune severance payments denied

A bankruptcy judge denied authorization for Tribune to make severance payments to employees laid off shortly before the bankruptcy filing but approved bonuses for other employees.

MediaNews will 'move away' from making print free on Web

MediaNews Group CEO William Dean Singleton and President Jodi Lodovic announced to employees recently a plan to provide less print content on the Web for free and differentiate Web site news from the print product.

Gannett's biggest shareholder sells nearly all shares

At the end of 2008, international insurance company AXA S.A. was the single-largest institutional holder of Gannett Co. stock with nearly 31 million shares, a 13.37% stake. Monday, it disclosed that it has sold nearly all of its holdings.

Is New York Times Co. headed to bankruptcy?

In an analysis posted on the Silicon Alley Insider blog Friday, the former star stock analyst Henry Blodget concludes The New York Times Co. is heading toward bankruptcy.

Metro to sell Seabay its U.S. papers

Swedish newspaper group Metro International SA said it agreed to sell its unprofitable U.S. papers.

No News Is Bad News in 'The Scarecrow'

Former LA Times reporter Michael Connelly chronicles the demise of newspapers in his new fast-paced murder tale "The Scarecrow."

Denver Post now printing Fort Collins Coloradoan

The Denver Post today is printing the Fort Collins Coloradoan and the copies of USA Today that once rolled off the Coloradoan's press.

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